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A man carries an LPG cylinder at a gas distribution centre in Peshawar. Reuters/File
ISLAMABAD: Amid criticism from stakeholders over poor consultative process, the government on Sunday indicated tax and duty concessions for storage and enhanced production of liquefied petroleum gas (LPG) with relaxations from procurement rules to the public sector entities to enable them to compete with private sector in import and sale of LPG.
At a consultative session on proposed new LPG policy, various local stakeholders, including those in public and private sectors, bemoaned the ‘haste’ in which they were called to the petroleum division on a holiday on a short notice and said it created an atmosphere of suspicion.
LPG scam surfaces during emergency moot
Importers of liquefied petroleum gas minted around Rs20b due to misuse of incentive
The local industry said that LPG is a poor man’s fuel and it is essential to keep its prices at a affordable level, which is not reflected in LPG Policy. PHOTO: AFP
ISLAMABAD:
Private sector importers pocketed billions of rupees due to misuse of the government’s Liquefied Petroleum Gas (LPG) Policy 2015 – a fact revealed during an emergency meeting that the Petroleum Division held on Sunday to discuss the new LPG policy with relevant stakeholders.
Under the 2015 policy, the local LPG producers paid 17% general sales tax (GST) whereas the importers paid only 10% GST due to an incentive announced for them by state-run Pakistan State Oil (PSO) and the Sui Southern Gas Company (SSGC).
ISLAMABAD: Following the federal cabinet’s recent decision of amending procurement rules, allowing government organisations to award contracts to state-owned enterprises without floating public tenders and observing a competitive process, city managers on Friday decided to get two multi billion projects executed through a government-run organisation on single tender basis.
The Capital Development Authority (CDA) board, which met at the civic authority’s headquarters with Amer Ali Ahmed in the chair, decided to get two projects - 7th Avenue Interchange and Srinagar Highway near Aabpara worth Rs1.5 billion, and rehabilitation of I.J.P Road worth Rs6 billion, through government organisations.
July 9, 2021
ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has scrutinized a total of 24,554 tender notices of public sector entities involving multi-billion rupees procurements and found 1,606 deviations from the public procurement rules during the last financial year 2020-21.
The PPRA monitors all the advertisements/tenders related to procurement on a real-time basis through its web portal, with a view to ensuring compliance with the Public Procurement Rules, 2004. During FY2020-21, a total of 24,554 tender notices of Public Sector Organizations were uploaded and monitored, wherein 1,606 deviations from the Public Procurement Rules, 2004 were pointed out to the concerned procurement agencies for taking remedial measures. It is claimed that the PPRA Rules compliance has been improved by approximately 12 percent in the last fiscal year.